Hanwha Life Insurance to support Korea's International Olympiad in Informatics team

Hanwha Life Insurance signed a memorandum of understanding to support Korea's national team for this year's International Olympiad in Informatics (IOI), following the team's first-ever clean sweep of four gold medals at the 2024 competition. The insurer began sponsoring the team last year, expanding training from online instruction to intensive residential camps, as part of efforts to nurture talent in computer science amid growing demand for AI and digital expertise.

Hanwha Life Insurance has signed a memorandum of understanding to support Korea’s national team competing at this year’s International Olympiad in Informatics IOI , following the country’s first-ever clean sweep of four gold medals at the prestigious programming contest last year, the insurer said Friday. The IOI is one of the annual International Science Olympiads that brings together the world’s top secondary school students in computer programming under the age of 20. The competition spans two days, with contestants solving three algorithmic programming problems during a five-hour session each day. Hanwha Life began sponsoring the national team last year as part of its efforts to nurture young talent in computer science amid growing demand for expertise in artificial intelligence AI and digital technologies. With the insurer’s backing, the team’s training program expanded from primarily online instruction to intensive residential training camps. The enhanced program coincided with a historic result at last year’s competition, where all four members of the Korean team